Cattle Market Pulse

Ft. Pierre Livestock Auction (Friday) Market Report

Ft. Pierre, South Dakota · USDA-reported Auction Livestock

Sale of Friday, May 7, 2021

6,098 head sold ·Official USDA report

This is an archived report. See the latest Ft. Pierre Livestock Auction (Friday) report →

light 8-weight M&L 1 steers $140.80/cwt +1.26 vs last sale · ≈ $1,157/hd at 822 lb · 809 head
light 8-weight M&L 1 heifers $132.29/cwt -6.34 vs last sale · ≈ $1,071/hd at 810 lb · 777 head
light 7-weight M&L 1 heifers $135.02/cwt -0.74 vs last sale · ≈ $983/hd at 728 lb · 685 head
HeadThis saleLast saleLast year
Total receipts 6,098 6,160 4,690
Feeder cattle 6,098 6,160 4,690

Compared to two weeks ago: Feeder steers and heifers steady to 2.00 higher. Moderate to good demand for feeder cattle, dependent upon their flesh condition, good demand for replacement quality heifers. A very large offering of feeder cattle, especially for this time of year, as there were many long strings of cattle of all classes. Buyers were able to buy full loads and multiple loads from one outfit allowing them to make full pens and yards of uniform cattle. There were plenty of backgrounded, feeding type steers and heifers, along with cattle suitable for running on grass, as well as many replacement quality heifers. The market was active on the strings, most notably on a consignment of 1,100 head of steers and heifers that were attractive in their light flesh condition. There were plenty of light fleshed green cattle, but there were also some cattle carrying a heavier amount of flesh. The continued upward trajectory of the corn market, along with the weak price structure of the CME Live Cattle futures, and a disappointing cash fed cattle market in spite of the robust consumer demand for beef is keeping pressure on the feeder cattle market. The next feeder cattle auction will be Friday May 21, 2021.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
424 424 14 193.00 $193.00 $818 +4.37
464 464 5 186.00 $186.00 $863 +6.14
509–546 529 32 176.50–184.00 $180.50 $955 +18.50
566–593 575 34 171.50–172.50 $172.17 $990 -0.01
601–634 609 123 164.50–170.50 $169.05 $1,030 +5.01
691 691 77 157.50 $157.50 $1,088 +1.86
700–718 706 207 153.00–157.50 $156.92 $1,108 -2.58
759–787 774 142 137.00–143.00 $141.41 $1,095 +0.44
807–833 822 809 140.00–141.25 $140.80 $1,157 +1.26
858–886 866 316 132.75–142.50 $138.77 $1,202 +0.59
902–910 906 127 135.00–136.50 $135.79 $1,230 +9.29
995 995 107 124.00 $124.00 $1,234
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1003–1043 1023 494 121.50–125.50 $123.81 $1,267
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
334 thin fleshed 334 11 180.00 $180.00 $601
620 620 6 155.00 $155.00 $961
668 668 8 151.50 $151.50 $1,012 ±0.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–441 436 39 151.00–155.00 $154.17 $672
491 491 56 150.00 $150.00 $736 -4.54
517–544 527 99 142.00–146.00 $143.85 $758 -1.66
560–593 572 206 141.00–148.00 $145.60 $833 -0.16
594 594 10 136.00 $136.00 $808 -9.76
601–648 636 100 133.50–140.00 $136.34 $867 -2.45
655–689 671 196 134.50–140.00 $138.13 $927 +4.25
673 673 33 131.50 $131.50 $885 -2.38
703–745 725 534 127.50–135.50 $131.82 $956 -5.29
732–743 738 151 141.50–151.00 $146.32 $1,080 +9.21
753–776 760 152 124.00–132.00 $130.69 $993 +0.94
776 776 30 124.00 $124.00 $962 -18.47
801–818 808 647 129.00–143.00 $134.05 $1,083 +6.00
807–834 817 130 118.00–126.00 $123.51 $1,009 -19.30
855–890 866 181 124.00–126.00 $125.38 $1,086 +9.38
906 906 60 125.25 $125.25 $1,135
996 996 57 118.00 $118.00 $1,175
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
359 thin fleshed 359 17 159.00 $159.00 $571
425–448 436 17 136.00–153.00 $144.22 $629
573 573 14 142.00 $142.00 $814

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What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.